Parisi Gray Wealth Management Increases Stake in Palo Alto Networks, Inc. $PANW

Parisi Gray Wealth Management grew its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,510 shares of the network technology company’s stock after buying an additional 150 shares during the quarter. Parisi Gray Wealth Management’s holdings in Palo Alto Networks were worth $923,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PANW. Brighton Jones LLC lifted its stake in Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bank Pictet & Cie Europe AG increased its position in Palo Alto Networks by 115.6% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company’s stock worth $8,004,000 after buying an additional 23,586 shares during the period. Bison Wealth LLC increased its position in Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after buying an additional 3,275 shares during the period. Silvercrest Asset Management Group LLC increased its position in Palo Alto Networks by 98.6% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 6,548 shares of the network technology company’s stock worth $1,191,000 after buying an additional 3,251 shares during the period. Finally, Toronto Dominion Bank increased its position in Palo Alto Networks by 86.6% during the fourth quarter. Toronto Dominion Bank now owns 227,913 shares of the network technology company’s stock worth $41,471,000 after buying an additional 105,766 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 1.0%

NASDAQ PANW opened at $196.29 on Monday. The business’s 50-day moving average price is $188.03 and its 200 day moving average price is $185.90. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39. The company has a market capitalization of $131.30 billion, a PE ratio of 122.30, a price-to-earnings-growth ratio of 4.68 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Transactions at Palo Alto Networks

In other news, EVP Nir Zuk sold 100,000 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $184.20, for a total value of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares of the company’s stock, valued at approximately $6,948,576.60. This trade represents a 1.82% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 569,422 shares of company stock valued at $106,629,618. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on PANW shares. Wells Fargo & Company lifted their price target on Palo Alto Networks from $225.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 21st. DA Davidson reaffirmed a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a report on Tuesday, July 29th. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Finally, Barclays reaffirmed an “overweight” rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.68.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.